China’s Ministry of State Security (MSS) has issued a strong warning against Iris-Scanning Crypto Projects citing privacy violations and potential foreign invasions.  The ministry said emerging crypto projects that collect biometric data, specifically iris, fingerprint, and facial recognition technology pose a national security risk.  Chinese officials said while these technologies offer convenience and enhanced security, they also open the door to serious misuse. “While biometric identification brings convenience,” the agency cautioned, “we must take security seriously and exercise caution when sharing personal biometric information.” Iris-Scanning Crypto Projects Under Scrutiny MSS accused a foreign company of collecting and transferring iris data…

TONcoin is now central to Verb Technology’s future, as the company announced a $558 million private investment deal and a major strategic shift into cryptocurrency, sending its stock soaring more than 200% on Monday. The company, best known for its social commerce platform, revealed plans to rebrand as TON Strategy Co., positioning itself as the first publicly traded treasury reserve vehicle for Toncoin (TON), the native token of Telegram’s blockchain network. The funding round included around 58.7 million shares and pre-funded warrants priced at $9.51. Investor excitement over the crypto-focused move pushed Verb’s stock to a peak of $29.33 before…

Billionaire investor Ray Dalio has officially ended his involvement with Bridgewater Associates, the hedge fund he founded nearly 50 years ago. According to The Wall Street Journal, Dalio has sold his final stake in the firm and stepped down from its board. Following the buyout of Dalio’s shares, Bridgewater reportedly issued new shares in a multibillion-dollar deal with Brunei’s sovereign wealth fund, granting it nearly a 20% ownership stake in the company. Ray Dalio has warned that something “worse than a recession” may be on the horizon. His recent sale of Bridgewater shares closes the final chapter of a journey…

Another weekly crypto recap, Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered: Another UAE Bank Joins Crypto Revolution! A second major UAE bank is embracing crypto services, showing the country’s growing support for blockchain and digital assets. Binance Founder CZ Climbs Billionaire Ranks With BNB ATH. Binance’s BNB token hit an all-time high, pushing founder Changpeng Zhao higher on the global billionaire list despite his legal troubles. Malware Campaign: Cybersecurity Experts Say 10M Targeted. Experts warn that a massive malware campaign has already targeted 10 million devices worldwide,…

The crypto market has seen a sharp drop in the last 24 hours. It has fallen over 3% from 3.90 trillion it now sits at $3.74 trillion. While the SEC has been changing its ways to embrace crypto, it seems that Fed’s relentless approach towards keeping interest rates unchanged is hurting markets more than ever.  The US tariffs and economic and job data reports have trickled down both crypto and equity markets. Historically, any macroeconomic uncertainty, especially related to trade tensions, can trigger a sell-off in riskier assets like cryptocurrencies. If the current bearish trend persists, the total crypto market…

Moldovan President Maia Sandu has accused Russia of orchestrating a large-scale election interference campaign using $114.4 in cryptocurrency to covertly funnel funds into Moldova ahead of the Moldovan elections scheduled for September 28. President Sandu claimed that Russian interests are preparing to inject millions worth of digital assets into Moldova’s political system, to finance electoral corruption, including vote-buying schemes, and to bolster pro-Russian candidates through widespread propaganda efforts. “This is part of a broader strategy aimed at undermining our democracy and installing Moscow-backed loyalists,” President Sandu warned. Her remarks did not include concrete evidence directly linking the funds or interference…

Since lifting its crypto ban three months ago, Bolivia has seen a major surge in digital asset activity. The country’s central bank reported $46.8 million in crypto trading volume, averaging $15.6 million monthly, more than double the monthly average of the prior 18 months. This rising momentum has continued into 2025, with total crypto volume hitting $294 million by June 30, according to a letter from the Central Bank of Bolivia. The country’s growing embrace of crypto comes as it struggles with a severe currency crisis. In March, Bolivia’s state-owned oil and gas company, Yacimientos Petrolíferos Fiscales Bolivianos, received the…

Marti, a popular taxi-hailing company based in Turkey, has announced that it’s putting 20% of its cash into cryptocurrencies, starting with Bitcoin. The company says it plans to raise that amount to 50% soon. According to Marti’s CEO, Oguz Oktem, this move is about protecting the company’s money in the long run. He explained that crypto, especially Bitcoin, is being used as a “store of value” to help guard against the risks of traditional currencies like the Turkish lira or the U.S. dollar. The crypto will be kept safe with a trusted and regulated custodian, and Oktem made it clear…

PayPal has unveiled a new service, Pay with Crypto, designed to significantly cut the high costs and complexities that merchants face with international transactions. This innovative solution integrates cryptocurrency payments, digital wallet compatibility, and fiat settlement, offering businesses a more efficient and affordable way to handle global payments. The company states that Pay with Crypto supports over 100 cryptocurrencies and various crypto wallets, including popular ones like Coinbase, MetaMask, Binance, and Phantom. This allows for immediate conversion of crypto to stablecoins or fiat currency.  With a competitive transaction rate of just 0.99%, the service aims to slash international payment processing…

SharpLink Gaming, now the second-largest corporate holder of Ether, has added another 77,210 ETH to its crypto treasury, an investment worth $295 million. This single purchase surpasses Ethereum’s net issuance over the past 30 days, which was 72,795 ETH, based on data from Ultra Sound Money. Most of the newly acquired ETH has been staked to earn rewards. Following this move, SharpLink’s total Ether holdings have grown to over 438,000 ETH, valued at more than $1.69 billion, according to Lookonchain. SharpLink has become the second company to hold over $1.5 billion worth of Ether in its treasury, trailing only Bitmine…